16

Entrepreneur re-opens bar without begging permission and goes to jail

http://www.latimes.com

Here is a brief glimpse of a stateless society. Granted he used someone else's property.

It had seemed like the shuttered Valencia Club had a new lease on life. Alcohol was flowing, and customers were crowding the bar.

But Placer County detectives say the landmark business in Penryn was actually being operated by a local transient, who broke into the club, re-opened it, and posed as the new owner.

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EtotheRic's picture
Created by EtotheRic 3 years 39 weeks ago – Made popular 3 years 39 weeks ago
Category: Free Market   Tags:
8

Man posts bail with counterfeit bills

http://www.philly.com

According to Cinnaminson Police, a Camden man included counterfeit $20 bills while paying his $400 bail on July 7.... lousy counterfeit $20s. Run off on a color copier, apparently. --- These days, all $20 bills are becoming lousy. :-D

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Deslock Darkstar's picture
Created by Deslock Darkstar 3 years 40 weeks ago – Made popular 3 years 40 weeks ago
Category: Money   Tags:
19

Competing currency being accepted across Mid-Michigan

http://www.connectmidmichigan.com

New types of money are popping up across Mid-Michigan and supporters say, it's not counterfeit, but rather a competing currency.

Right now, you can buy a meal or visit a chiropractor without using actual U.S. legal tender.

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fishwhisl's picture
Created by fishwhisl 3 years 40 weeks ago – Made popular 3 years 40 weeks ago
Category: Money   Tags:
5

Bitcoin releases version 0.3

http://sourceforge.net

"How's this for a disruptive technology? Bitcoin is a peer-to-peer network based digital currency with no central bank, and no transaction fees. Using a proof-of-work concept, nodes burn CPU cycles searching for bundles of coins, broadcasting their findings to the network. Analysis of energy usage indicates that the market value of Bitcoins is already above the value of the energy needed to generate them, indicating healthy demand. The community is hopeful the currency will remain outside the reach of any government."

A growing list of merchants accept bitcoins.

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davehollis's picture
Created by davehollis 3 years 40 weeks ago – Made popular 3 years 40 weeks ago
Category: Free Market   Tags:
6

Medvedev sees chance for "new world order"

http://www.ft.com

Dmitry Medvedev, the Russian president, said Moscow was bidding to help lead efforts to build a new world economic order after the old system collapsed in the global financial crisis....

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Deslock Darkstar's picture
Created by Deslock Darkstar 3 years 43 weeks ago – Made popular 3 years 43 weeks ago
Category: Economics   Tags:
4

Medvedev Pushes Ruble Reserve Currency to Cut Dollar Dominance

http://www.businessweek.com

Russia wants the ruble to be one of the world’s reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar’s dominance and make Moscow a global financial hub. “Only three, five years ago it seemed like a fantasy” to create a new reserve currency, Medvedev said yesterday in a speech in St. Petersburg, Russia. “Now we are seriously discussing it.”

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Deslock Darkstar's picture
Created by Deslock Darkstar 3 years 43 weeks ago – Made popular 3 years 43 weeks ago
Category: Money   Tags:
8

Fannie Mae and Freddie Mac kicked out off New York Stock Exchange

http://thehill.com

"The determination to direct delisting is related to stock exchange requirements for maintaing price levels and curing deficiencies," said FHFA acting Director Edward DeMarco.

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thinkliberty's picture
Created by thinkliberty 3 years 44 weeks ago – Made popular 3 years 44 weeks ago
Category: Economics   Tags:
9

EU chief warns 'democracy could disappear' in Greece, Spain & Portugal

http://www.dailymail.co.uk

Countries in debt may fall to dictators, EC chief warns -- 'Apocalyptic' vision as some states run out of money --- Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.

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Deslock Darkstar's picture
Created by Deslock Darkstar 3 years 44 weeks ago – Made popular 3 years 44 weeks ago
Category: Economics   Tags:
10

Study finds that studying economics influences political affiliation

http://www.huffingtonpost.com

Taking an economics course in college may have swayed your political leanings, according to a new study by the Federal Reserve's Bank Of New York. In fact, that undergrad Macro class may still be shaping how you view the world.

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kb7834's picture
Created by kb7834 3 years 45 weeks ago – Made popular 3 years 45 weeks ago
Category: Economics   Tags:
18

Bitcoin P2P Cryptocurrency

http://www.bitcoin.org

Bitcoin is a peer-to-peer network based anonymous digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Anonymity means that the real world identity of the parties of a transaction can be kept hidden from the public or even from the parties themselves.

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davehollis's picture
Created by davehollis 3 years 45 weeks ago – Made popular 3 years 45 weeks ago
Category: Money   Tags:
21

In a Truly Free Market, BP Would Be Toast

http://www.bastiatinstitute.org

Advocates for the regulatory state are fond of complaining that things like the financial meltdown, the BP oil spill, and the like, are the result of an “unregulated marketplace.”
...however, if it wasn't for the State which limits the amount BP is liable in damages, not to mention loan guarantees - then BP wouldn't be where it is, today.

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Grey's picture
Created by Grey 3 years 46 weeks ago – Made popular 3 years 46 weeks ago
Category: Free Market   Tags:
14

Customer stuck with counterfeit money from the post office

http://articles.latimes.com

After cashing a postal money order, David Lipin tried using one of the eight $100 bills at the gas station and was nearly arrested. Even the Secret Service couldn't help him replace the bogus bills.

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misterfozzybear's picture
Created by misterfozzybear 3 years 47 weeks ago – Made popular 3 years 47 weeks ago
Category: Money   Tags:
3

The Real history of Moonshine and Pot in Appalachia.

http://www.youtube.com

My documentary on the history of the Appalachia folk and their Scottish and Irish roots lead to their anti authority spirit. How some simple hill folk from the southern mountains have been living free for over 200 years without the letting the government tell them how to live. We also examine the defiant history of Moonshine bootleggers and the legendary Marijuana Growers of the hills.

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LCLReport's picture
Created by LCLReport 3 years 48 weeks ago – Made popular 3 years 47 weeks ago
Category: Free Market   Tags:
3

Workers asked to return bonuses after 16 years

http://www.newsvine.com

About 180 county employees in suburban Atlanta are being asked to return thousands of dollars the county says they were overpaid 16 years ago.

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soliscjw's picture
Created by soliscjw 3 years 48 weeks ago – Made popular 3 years 47 weeks ago
Category: Money   Tags:
14

Government is NOT Good: Prof. Douglas Amy Refuted

http://www.bastiatinstitute.org

Prof. Douglas J. Amy of Mount Holyoke College has created a personal web project called “Government is Good: An Unapologetic Defense of a Vital Institution.” Here Daniel Brackins refutes Prof. Amy’s piece, “The Forgotten Achievements of Government.”

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iconoclast2007's picture
Created by iconoclast2007 3 years 50 weeks ago – Made popular 3 years 49 weeks ago
Category: Free Market   Tags:
6

Senators act to stop airline carryon charges

http://news.yahoo.com

ATLANTA – Six Democratic senators want to hit U.S. airlines with a tax if they charge passengers for their carryon bags.

The senators said Wednesday that this would keep more airlines from following Spirit Airlines' lead. The small Florida airline said last week that starting Aug. 1 it will charge its customers as much as $45 to bring a bag aboard its aircraft and put it in an overhead bin.

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masshole's picture
Created by masshole 4 years 1 week ago – Made popular 4 years 5 days ago
Category: Economics   Tags:
7

60 Hospitals Cancelled Due to New Health Law!

http://www.withoutadjectives.com

Just last week the NY Times was reporting that, yes, there will be rationing of health-care, thanks to the Federal Government. In fact, the NY Times says that this is a good thing. (Huh?!) So let the medical rationing begin!

Mon evening it is being reported that 60 hospitals have been cancelled due to the Federal State taking greater control over the health market.

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loungedaddy's picture
Created by loungedaddy 4 years 1 week ago – Made popular 4 years 1 week ago
Category: Free Market   Tags:
7

It's Ponzimonium in the Gold Market

http://www.lewrockwell.com

"...This means that there are thousands of clients – Asian and Middle Eastern governments and sovereign wealth funds among them – who think they own hundreds of billions and perhaps trillions of dollars of gold bullion, and are being charged storage fees on that fantasy bullion, but they really own unsecured gold loans to the banks at a negative interest rate..."

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spideynw's picture
Created by spideynw 4 years 2 weeks ago – Made popular 4 years 2 weeks ago
Category: Commodities / Metals   Tags:
5

California's Last auto Plant Shuts its Doors

http://www.breitbart.com

The plant made Toyota Tacoma trucks and Corolla sedans. The last Tacoma rolled off the assembly lines last week, and Corolla production ended Thursday.

State officials are pursuing federal grants to help those impacted by the closure.

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Renniks's picture
Created by Renniks 4 years 3 weeks ago – Made popular 4 years 3 weeks ago
Category: Economics   Tags:
7

Federal Debt to be 90% of US' GDP by 2020

http://www.washingtontimes.com

President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.

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Renniks's picture
Created by Renniks 4 years 4 weeks ago – Made popular 4 years 3 weeks ago
Category: Economics   Tags:

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